June 26, 2008 / 1:17 AM / 10 years ago

PRESS DIGEST-Indonesian Business News - June 26

Following are the leading business stories in the main Indonesian newspapers on June 26.

Reuters has not verified these stories and does not vouch for their accuracy. Telephone: Editorial: +62-21-384-6364. Fax: +62-21-344-8404 or Help Desk: +803-061-2124 (toll free).

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BISNIS INDONESIA

- DUTA PERTIWI PLANS TO BORROW $80-$100 MLN

Indonesian chemical company PT Duta Pertiwi Nusantara Tbk (DPNS.JK) said it plans to borrow $80-100 million from foreign banks to finance its expansion in the coal sector, and has appointed Merrill Lynch MER.N to handle the deal.

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    JAKARTA POST

    - COAL BED METHANE INVESTORS TO GET MORE CERTAINTY

    Indonesia’s energy ministry plans to sign a revision to a ministerial decree on coal bed methane mining, allowing new investors to bid for mining rights, which are currently exclusive only to contract land owners, a director at the ministry said.

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